Synairgen Share Discussion Threads

[nobbygnome] 26/3/2020 09:39

Three I think. Timbo is the expert on this area....

Plus timbo also says the VCT trusts will probably hold because they can't trade in and out. They can only hold VCT shares so can't buy back on the open market.

[d1nga] 26/3/2020 09:37

Is it a year you need to hold to retain the tax benefit?

[nobbygnome] 26/3/2020 09:35

The tax benefits....

[pal44] 26/3/2020 09:34

What will stop them dumping them cheaply Nobby.? . We need to see more evidence that the Co. is on the ball with the trial and subsequent sales. .GLA ..

[nobbygnome] 26/3/2020 09:30

And of course shares which went into the hands of EIS investors won't be going anywhere the chances are. So a large chunk of the placing shares will not be finding their way on to the market.

[nobbygnome] 26/3/2020 09:27

120p price target! Mine was 80p so perhaps I am being too conservative...

[jrlomax] 26/3/2020 09:27

Permission for the trial granted almost immediately, they know this works, wait a couple of weeks and boom. Don't forget this virus will peak and trail off forever over time, it won't go away. This treatment will be needed for years to come

[3fiona] 26/3/2020 09:26

Wow, thanks for sharing!

[someuwin] 26/3/2020 09:24

finnCap

"Synairgen (SNG): Corp £14m placing to fund COVID-19 activities

Synairgen has raised £14.0m to fund a Phase II trial for SNG001 in COVID-19 disease, which is due to commence enrolment imminently after gaining rapid permissions for the UK’s MHRA and HRA. This is a significant breakthrough for the company and the global fight against COVID-19, having achieved these permissions ahead of the expected rapid increase in number of hospitalised COVID-19 patients. A successful outcome from the pilot phase will have substantial commercial value. The risk/reward profile, given earlier evidence that SNG001 has a beneficial in vitro effect in MERS and SARS coronaviruses and has been shown to be safe and well tolerated in asthma/COPD patients, is skewed significantly to the upside, particularly given the potential for first revenues in 2020. Not only would a positive trial help to address the current COVID-19 crisis but it could enable governments to stockpile a broad-spectrum antiviral product for future pandemics. We introduce a 120p target with potential further upside."

[nobbygnome] 26/3/2020 09:23

Right now, IL6 is something else I know a lot about because I worked on it when I was in Pharma. What the guy says is complete and utter BS. IL-6 may be important but his drug has no real advantage despite what he says. For anyone who understands the science, what he says is not credible. That is probably why the price has sunk.

I can explain in more detail if you are interested but it will be a bit technical.

[hazl] 26/3/2020 09:17

thanks jrlo

[hazl] 26/3/2020 09:17

'US fundraiser at US$3 per American Depositary Share (ADS)' tidy?

[jrlomax] 26/3/2020 09:14

TILS is 5 shares to 1 on the Nasdaq set up, so you have to take US price multiply by the exchange rateand divide by 5 to get the UK equivelent

[tidy 2] 26/3/2020 09:11

Nobby what is your take on this interview for TILS. they just raised 10m at 350p and current share price 54p. hTTps://www.proactiveinvestors.com/companies/news/915693/tiziana-life-sciences-ceo-explains-how-its-potential-coronavirus-fighting-antibody-is-unique-915693.html

[olly353] 26/3/2020 09:09

Real bid 43.1 for 50000. Not selling just checking. Struggling to get real time prices.

[hazl] 26/3/2020 09:04

Yes they were using their usual privileges to get in cheaper ...but I don't see many other firms at the moment able to raise capital!

[nobbygnome] 26/3/2020 09:01

And done well ahead of schedule. Very good news...

[nobbygnome] 26/3/2020 09:01

Massively oversubscribed fund raising. Hopefully a few who lost out will buy in the market...

[nobbygnome] 26/3/2020 08:59

Yes he is history too...

[hazl] 26/3/2020 08:56

Oops actually meant the poster from 970 as only just caught up!
Still saw has been Jekyll and Hyde.

[hazl] 26/3/2020 08:49

I see we have one or two cowards arrived shifting anywhere they can be a drag on the share price.
Even a company who is helping the human race.

[tidy 2] 26/3/2020 08:39

SNG001 wonder blockbuster drug.Watch this interview hTTps://youtu.be/5DWOHyw-nAwFollowed by hTTps://youtu.be/2riZZyvneIw